JC Parets, Market Technician
and Founder of Eagle Bay Capital James Crane-Baker, Co-Founder PsychSignal Brandon Perry, Founder, Perry Investment Management David Aferiat, CEO of TradeIdeas
the leading organization for Technical Analysis professionals and the governing body for the Chartered Market Technician
(CMT) designation, is pleased to announce the newly elected leadership as voted on by the Members of the MTA for the 2014-2015 term.
Jonathan Krinsky, chief market technician
at MKM Partners in Greenwich, Connecticut, said the market was "absolutely vulnerable to a pullback on big disappointments," though the S&P 500 might find support at its 50-day moving average, about 1.
In the 1930s Great Depression, much like the downturn of 2008, market technician
Ralph Nelson Elliott made an interesting discovery.
He will also work closely with OAM's chief market technician
Carter Worth and Oppenheimer's fundamental sector analysts in developing new collaborative and thematic items.
No one item is a major positive, but collectively, it's been enough to tilt it towards net buying," said John Schlitz, chief market technician
at Instinet in New York.
That behavior tells you that demand has weakened, which puts odds on further downside in the near term," said Chris Burba, short-term market technician
at Standard & Poor's in New York.
Recent economic data like the home sales numbers has been "not too hot, not too cold," and markets are having a hard time finding inspiration, said Sid Mokhtari, market technician
at CIBC World Markets.
However, Katie Stockton, chief market technician
at MKM Partners, noted that while total composite NYSE volume has been below average for several days, which she attributes to summer trading more than anything else.
The Garrison Financial Institute, in partnership with the Arkansas Chartered Financial Analysts Society, will host Carter Braxton Worth, managing director and chief market technician
at Oppenheimer Asset Management Inc.
I will be the first to admit that I have no clue what a market technician
does, nor do I have the skill, understanding or even dumb luck in anything to do with markets or investments, but this guy seemed to know his stuff.
Historically, individual investors haven't done very well," says Hardin, a chartered market technician
and a certified financial planner who has 30 years of experience in the industry.